Jeff Maurer Quoted in The New York Times on Managing Alzheimer’s Costs

Evercore Wealth Management CEO Jeff Maurer told The New York Times that preparing for the possibility of becoming incapacitated by illness is a test of managing expectations around the unexpected.
“My major concern for clients, friends and family, for myself, is what is the likelihood, if one were a gambling person, that I’m going to outlive my current cognitive abilities?” he said. The answer determines what protections people should put in place.

While volatility in the stock market can be discomforting, it can provide opportunities for long-term investors, said Martha Pomerantz at the annual Minneapolis Star Tribune investors roundtable. She noted that Evercore Wealth Management expects continued low inflation and interest rates. To view the firm’s latest thinking, please see the current issue of Independent Thinking.